The housing market in Donovan, IL is much more affordable than the national average. The median value of a house in Donovan, IL is $77,100, which is significantly lower than the US House Median Value of $338,100. Additionally, while the US 1 year House Appreciation rate is 8.27%, House 1 year appreciation in Donovan, IL is 7.34%. This indicates that the housing market in Donovan, IL may be slightly slower moving than some other areas but still offers a great opportunity for buyers looking for an affordable place to purchase a home.
The median home cost in Donovan is $77,100. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Donovan is up 15.4%.
Average Age of Homes
- The median age of Donovan real estate is 78 years old
The Rental Market in Donovan
- Renters make up 26.1% of the Donovan population
- 0.0% of houses and apartments in Donovan, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.